Yokogawa Adds Soteica Visual MESA to Product Portfolio
Feb. 12, 2013
Yokogawa acquires 44.3 percent ownership of Soteica Visual MESA.
Yokogawa has acquired a stake in Soteica Visual MESA and added the company’s energy management and optimization solution services to its product portfolio.
As part of the agreement, Yokogawa acquired 44.3 percent ownership of Soteica Visual MESA to accelerate the joint development of energy management solutions (EMS). Yokogawa has expertise in control systems and advanced control solution packages for main processes. But the company has lacked EMS for utilities that can be used to achieve the optimum mix of conventional and renewable energy sources.
Soteica Visual MESA has worked closely with major oil companies. The partnership will allow Yokogawa to sell Soteica Visual MESA’s Visual MESA energy management and optimization solution package, extending the range of solution services that it is able to offer to its customers. The partnership also will allow Soteica Visual MESA to expand its sales of Visual MESA through Yokogawa’s global sales network, with a particular focus on Asia.
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